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    Exam 15: International and Balance of Payments Issues in the Macro Economy
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    When the Exchange Rate Is Allowed to Shift Gradually Over
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When the Exchange Rate Is Allowed to Shift Gradually Over

Question 13

Question 13

Multiple Choice

When the exchange rate is allowed to shift gradually over time,or within an exchange rate band which may also shift over time,this is considered a(n) :


A) fixed exchange rate.
B) managed float.
C) flexible exchange rate.
D) none of the above.

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